The African Export-Import Bank (Afreximbank) shareholders have appointed George Elombi as the next president and chairperson of the board of directors.
He takes over the reins in September.
The Cameroonian takes over from Benedict Oramah, who has completed his two terms in office.
Before the appointment, Elombi was the executive vice-president (Governance, Legal and Corporate Services).
He joined the bank in 1996 as a legal officer, rising through the ranks to the new appointment.
"Dr. Elombi brings a deep understanding of the bank’s mission and structure, having played a central role in shaping Afreximbank Group’s structure, legal and institutional frameworks, expanding its capital base, and leading crisis response efforts across Africa and the Caribbean," the bank said in a statement on Saturday.
In his acceptance remarks, Elombi said: “I see Afreximbank as a force for industrialising Africa and for regaining the dignity of Africans wherever they are.”
His appointment followed a rigorous selection process initiated in January 2025, which included a global call for applications published in international media and on the Afreximbank website.
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Shortlisted candidates were interviewed by an international human resource executive search firm. The top candidates were presented to the board of directors, which recommended Elombi to the general meeting of shareholders for final approval.
